8-Unit Apartment
1201 Brentwood Street, Lakewood, CO 80214
For Sale
$1,350,000
One- and two-bedroom residences offer access to Garrison light rail and connections to I-70 and US-6.
Property Size5,946 SF
Lot Size0.29 Acres
Price / SF$227.04
Days on Market189
Property Features for 1201 Brentwood Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass - Denver
Listed By:
Josh Steck · License #100006497
(303) 885-3934
Source:
Thedenverexperts
Added: May 5
Changed: Nov 7
Last Checked: Nov 8 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1960, this 5,946-square-foot apartment property contains eight residences: four one-bedroom units measuring 500 SF each and four two-bedroom units of 700 SF each. The unit mix supports a range of household sizes, and the property is reported at a 6.69% pro forma cap rate.
The property is in Lakewood’s Eiber neighborhood, with access to Garrison light rail station on the W Colfax line and connections to I-70 and US-6. Nearby destinations include coffee shops on Carr Street, Natural Grocers on W Colfax, Sloan’s Lake Park, Crown Hill Park, and the 40 West Arts District. Downtown Denver is approximately 15 minutes away.
The property is in Lakewood’s Eiber neighborhood, with access to Garrison light rail station on the W Colfax line and connections to I-70 and US-6. Nearby destinations include coffee shops on Carr Street, Natural Grocers on W Colfax, Sloan’s Lake Park, Crown Hill Park, and the 40 West Arts District. Downtown Denver is approximately 15 minutes away.
Key Highlights
- Eight‑unit multifamily property in Lakewood’s Eiber neighborhood
- Four 1BD units at 500 SF each and four 2BD units at 700 SF each
- 5,946 SF building on a 12,500 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,622
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,440
$1.5M
Cap Rate 7%
$1,080,314
$1.1M
Cap Rate 9%
$840,244
$840.2K
Market Conditions
NOI Build-Up for 5,946 SF
Gross rent
$146.3K $24.60/SF
− Vacancy
−$8.8K −$1.48/SF
EGI
$137.5K $23.12/SF
− OpEx
−$61.9K −$10.41/SF
NOI
$75.6K $12.72/SF
Area
Lakewood, CO
Vacancy
6.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,440
Cap Rate 7%
$1,080,314
Cap Rate 9%
$840,244
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$945.3K – $1.26M
NOI $75,622 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,666 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Jefferson County, CO
Properties on Market for Apartment buildings in Jefferson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - One- and two-bedroom residences offer access to Garrison light rail and connections to I-70 and US-6.
Where is this apartment building located?
The property is located at 1201 Brentwood Street Lakewood, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Eight‑unit multifamily property in Lakewood’s Eiber neighborhood; Four 1BD units at 500 SF each and four 2BD units at 700 SF each; 5,946 SF building on a 12,500 SF lot
